Announced Sat, 2 Aug · 17:57 IST

Intimation of resignation under regualtion 30 of SEBI (LODR) regulation, 2015

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Rupesh Kumar Mittal (DIN: 01036455), a Non-Executive, Non-Independent Director of Sai Swami Metals and Alloys Limited, has resigned from the Board effective August 01, 2025. The resignation letter was received by the Company on August 02, 2025 and will be placed before the Board for noting. The reason cited is personal, and he has confirmed there are no other material reasons for his departure. No replacement appointment has been announced in this filing.

Likely market impact

This is a single non-executive director exit for personal reasons with no governance red flags, so the immediate impact on shareholders is minimal. Investors should watch for any further board changes or disclosures about the vacant directorship.